## ETC Accumulation Setup: Dual Catalysts Converge for Potential Rally

Ethereum Classic appears positioned for a significant move, with the imminent ETC halving event converging with the anticipated ETH ETF approval - a combination that could unlock fresh momentum in the sector.

### Market Catalysts Aligned

The ETC halving represents a critical supply-side event that historically precedes price appreciation in proof-of-work networks. Simultaneously, the potential greenlight for Ethereum ETF products would likely revive institutional interest across the broader Ethereum ecosystem, including classic assets that often follow major layer-1 narratives.

### Technical Setup & Price Targets

Trading at $11.74, ETC sits at an attractive entry point for accumulation. The low-risk spot buying strategy outlines a staged profit-taking framework:

- **First Target**: $60 - Tests resistance and validates breakout direction
- **Second Target**: $120 - Represents intermediate rally phase
- **Third Target**: $180 - Extends move into structural resistance
- **Fourth Target**: $250 - Peak scenario capturing full rally potential

### Why Spot Buying Makes Sense

Rather than leverage, spot accumulation reduces counterparty risk while maintaining exposure to both the halving catalyst and ETF-driven capital inflows. The graduated target structure allows investors to secure gains progressively.

### Final Take

ETC halving events paired with Ethereum narrative strength create a rare confluence of catalysts. Current pricing below $12 offers asymmetric risk-reward for patient accumulators targeting the outlined milestones.